India's coffee exports experienced a significant boost in the 2023-24 fiscal year, rising by 12.22 per cent to USD 1.28 billion, driven primarily by increased global demand for Robusta coffee, according to data from the commerce ministry. This marks an impressive increase from the USD 1.14 billion worth of coffee exported in the 2022-23 fiscal year.
India stands as Asia's third-largest producer and exporter of coffee, cultivating both Arabica and Robusta varieties. The country's coffee sector has seen robust growth, with export volumes rising substantially. In volume terms, coffee shipments surged by 13.35 per cent to 125,631 tonnes during the January-March period of 2023-24, compared to 110,830 tonnes in the same period the previous year.
Several factors have contributed to this growth. The global market's heightened demand for Robusta coffee, known for its strong flavour and higher caffeine content compared to Arabica, has played a crucial role. Additionally, the quality of Indian coffee continues to be recognized internationally, boosting its demand across various markets.
Key destinations for India's coffee exports include Italy, Russia, the UAE, Germany, and Turkey. These countries have consistently shown strong demand for Indian coffee, contributing significantly to the export figures.
Italy remains one of the top importers, reflecting the strong preference for Indian coffee in Europe. Similarly, Russia and the UAE have emerged as significant markets, while Germany and Turkey continue to be key players in importing Indian coffee.
This growth trajectory in coffee exports underscores India's expanding footprint in the global coffee market. The commerce ministry's data indicates a positive trend for Indian coffee exporters, who are capitalising on the rising international demand for high-quality coffee.
The increase in coffee exports also highlights the resilience and potential of India's agricultural sector, particularly in coffee cultivation. As global demand for coffee continues to grow, India's coffee industry is well-positioned to leverage this trend, further enhancing its status as a leading coffee exporter in Asia.
Overall, the substantial rise in coffee exports in 2023-24 is a testament to the strength and quality of Indian coffee, setting a promising outlook for the future of the industry.
